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Ahmedabad : Cygnet Account Aggregation Pvt Ltd (Cygnet AA), a part of the Cygnet Group, has got an in-principle approval from RBI to operate as an account aggregator (AA). Account Aggregator is one of the largest open financing data-sharing protocols regulated by RBI. It allows consumers to instantly share their financial data, securely and digitally with various financial institutions. It facilitates financial institutions to quickly and conveniently access consumers’ consent-based fin...
Cygnet gets in-principle approval from RBI to operate as an NBFC Account Aggregator
The Ministry of Electronics and Information Technology (MeitY) has released a notificationthat now widens the scope of the IT Act and permits various businesses to fully utilise e-signature technology and grow their business rapidly. Every area of the economy is being transformed by digital technology. In most important and highly sensitive industries such as Banking, Financial Services, and Insurance, as well as Real Estate and many others, digital transformation may significantly enhance...
New IT Actamendment will boost India's digital economy
Mumbai : Cygnet Infotech has announced a partnership with smartContract CLM to augment its existing digital signing solution, Cygnature, and provide a comprehensive contract lifecycle management (CLM) solution to its customers. Catering to a global market that is projected to reach a size of $2.2 billion by 2024, Cygnet Infotech aims to establish a significant presence in the Cloud-based CLM segment by leveraging and integrating CLM capabilities into its Cygnature platform. This partnership w...
Cygnet Infotech partners with smartContract CLM
Quote on 5 years of GST By Niraj Hutheesing, Founder and Managing Director of Cygnet Infotech “Since the inception of GST in 2017, it has evolved at a fast pace to mitigate the inherent challenges of the previous tax regimes. The focus is gradually shifting from compliance to self-regulation and use of cognitive technologies to plug revenue leakages. On the anvil is the even more exciting phase where technology will be at the forefront of tax transformation with interconnec...
Quote on 5 years of GST by Niraj Hutheesing, Cygnet Infotech
Simplifies e-Invoicing compliance for taxpayers across India Cygnet Infotech is now approved as an Invoice Registration Portal (IRP) by Goods and Services Tax Network (GSTN), an organization which provides shared IT infrastructure and services to both central and state governments including taxpayers and other stakeholders. GSTN expects voluminous data for e-Invoice registrations and generation and to streamline this process it has identified and appointed select private players ...
GSTN approves Cygnet Infotech as an Invoice Registration Portal
Opens new markets for Cygnet Infotech in global e-Invoicing solutions across 40 countries Ahmedabad: Cygnet Infotech, a leading technology organization, is now registered as India's first OpenPeppol member, which is an organization that provides services for e-procurement solutions to standardize formats and exchange the necessary documents between businesses in the most secure manner. OpenPeppol has members in 40 countries, 32 of these are European countries, and the rest include...
Cygnet Infotech becomes India’s first OpenPeppol member
Cygnet Infotech aggregates its credit underwriting and financial risk assessment solutions under Cygnet Fintech Cygnet Infotech, a leading technology company with its clients across India, North America, Europe, Middle East, and Africa, announced grouping of its products and solutions for the Fintech space under the Cygnet Fintech brand. SMEs and MSMEs are the major growth engines of economies that rely on banks and financial institutions to help with their funding needs...
Cygnet Infotech announces the launch of Cygnet Fintech
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